$TENCENT(00700.HK) Tencent's latest U.S. stock holdings summary:

As of now, my personal statistics show that Tencent holds 17 U.S. listed companies and two French listed companies, with a total market value of $67.3 billion, approximately 491.4 billion RMB.

The top five holdings are: Pinduoduo $27.16 billion, Universal Music Group $11.39 billion, Sea $6.89 billion, Spotify $4.98 billion, Snap $4.09 billion.

In the same period last year, Tencent held 19 U.S. and French listed companies, with no change in the holdings, and a market value of $42.1 billion, approximately 307.4 billion RMB. Over the past year, the market value of U.S. and French stock holdings increased by 60%.

Over the past year, Tencent reduced its holdings in two companies:

Nubank: Holdings decreased from 282 million shares last year to 245 million shares, with the stake reduced from 6% to 5.1%. Based on the average price over the past year, it is estimated that approximately $330 million was cashed out.

Nio: Holdings decreased from 164 million shares last year to 124 million shares, with the stake reduced from 9.7% to 5.9%, cashing out $350 million.

The two reductions cashed out a total of $680 million, approximately 5.3 billion HKD, enough for five days of buybacks.

Over the past year, Tencent increased its holdings in one company:

Didi: Holdings increased from 315 million shares last year to 322 million shares, with the stake rising from 6.5% to 6.6%.

Notes:

1. The market value of holdings is calculated based on the closing price on May 6, 2024.

2. Universal Music Group and Ubisoft are listed in France, and the data is adjusted to USD based on the exchange rate. For convenience, they are grouped with U.S. stocks.

3. Companies listed in both Hong Kong and the U.S. are included in the U.S. stock list for this year.$PDD(PDD.US) $NIO(NIO.US)